Tag: job market

The rise of AI created two groups of people. One who were afraid that it could take away their jobs, and the other who believed knowing how to use it would be an essential skill for the future.(Representational Image/Pixabay)
Posted in Business

80% of software engineers may lose their jobs unless they upskill for AI: Report

A staggering 80% of engineering professionals will be at risk of losing their jobs by 2027 if they don’t adapt by upskilling when it comes…

Continue Reading
Shaktikanta Das suggests a new playbook to set right a long-standing job market imbalance in India
Posted in Economy

Shaktikanta Das suggests a new playbook to set right a long-standing job market imbalance in India

In a message aimed at nudging employment creators to try and set right a long-standing imbalance, Reserve Bank Governor Shaktikanta Das on Thursday emphasised the…

Continue Reading
A hiring sign in the Soho neighborhood of New York, US.(Bloomberg)
Posted in Business

US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market

The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest…

Continue Reading
US Federal Reserve Chairman Jerome Powell speaks at a news conference.(AFP)
Posted in Business

Key takeaways from latest US Federal Reserve meeting: When is rate cut likely?

Aug 01, 2024 10:27 AM IST US Federal Reserve chair Jerome Powell announced that interest rates will remain unchanged at the current rate range of…

Continue Reading
Understanding India's labour codes - Hindustan Times
Posted in Business

Understanding India’s labour codes – Hindustan Times

The four codes consolidate a web of 29 complex labour laws and represent the most wide-ranging policy shift in decades. They have attracted both praise…

Continue Reading
By 2026, United projects adding 50,000 workers to a workforce. (File/ AP)
Posted in Business

United Airlines plans to hire 15,000 workers by year-end

Airlines expecting a hectic summer travel season are planning to hire thousands of new workers this year, lifting a job market that has been hit…

Continue Reading